Handling Royalty Trusts In TurboTax

Handling Royalty Trusts In TurboTax

Royalty trusts are a great way to add income to your portfolio. The fact that you can reduce the taxable portion of your ‘royalties’ by factoring in administrative expenses and depletion is an added bonus. The downside is you have to calculate those expenses yourself based on the Tax preparation booklet Royalty trusts will send […]

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